Suppose 1-year Put Options on Canadian Dollars are available with the following characteristics:

Premium	USD .01	Current Spot Rate	USD .805
Exercise Price	USD .82	US Interest Rate	3.5%
Coverage	CAD 1 million	Canadian Interest Rate	4.0%

In the hedging choices noted in this scenario, the primary _______ of a(an) _______ is that the ultimate outcome is _______ when the hedge is constructed.

Group of answer choices:

a) Disadvantage; Put Option; Known

b) Advantage; Money Market Hedge; Known

c) Advantage; Forward hedge; Unknown

d) Disadvantage; Money market Hedge; Unknown